Tudor Pickering Upgrades Newpark Resources (NR) to Buy

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Go back to Tudor Pickering Upgrades Newpark Resources (NR) to Buy

Newpark Resources Reports First Quarter 2016 Results

April 28, 2016 4:15 PM EDT

THE WOODLANDS, Texas, April 28, 2016 /PRNewswire/ -- Newpark Resources, Inc. (NYSE: NR) today announced results for its first quarter ended March 31, 2016.  Total revenues for the first quarter of 2016 were $114.5 million compared to $150.6 million in the fourth quarter of 2015 and $208.5 million in the first quarter of 2015.  Net loss for the first quarter of 2016 was $13.3 million, or $0.16 per share, compared to a net loss of $83.1 million, or $1.00 per share, in the fourth quarter of 2015, and net income of $1.0 million, or $0.01 per diluted share, in the first quarter of 2015.  First quarter 2016 results included the impact of the... More